Washington federal prosecutors busted a large fraud ring that stole nearly a $1 million from three credit unions and four banks over five years, according to a 60-count indictment filed in U.S District Court in Seattle last week.
Ten defendants in Washington allegedly steal from BECU, TwinStar CU, Sound CU and four banks.
Renee J. Thomas, former president/CEO of the merged Community Credit Union, pleaded guilty to misapplication of funds and wire fraud.
Renee Thomas, former CEO of the merged $12M Community CU in Tacoma, Wash., pleaded guilty to defrauding the credit union and CUNA Mutual in December.
Previously retired MountainCrest CU CEO and former Wegner Awards emcee is retiring again, this time from Paragon Consulting.
Renee Thomas was at helm of now-merged Community Credit Union in Tacoma, Wash.
NWCUA and six Washington state credit unions team up to offer program starting April 1.
Kennedy already president, will assume CEO post from retiring Marshall Ellison on July 1.
MAUI, Hawaii — Whether your board is “rubber stamp” or “watchdog,” what you want it to be is a “challenger,” according to Mary Beth Spuck, CEO of The Paragon Group.
Northwest Resource Federal Credit Union has named Jim McCarthy president/CEO.